Automotive Smart Glass Market Size (2024 - 2029)

The automotive smart glass market is projected to experience significant growth over the forecast period, driven by innovations and increasing applications in premium and luxury vehicles. The market's expansion is supported by the recovery of automobile production post-pandemic and the active participation of major automotive players through launches and collaborations. The global automotive industry's growth, particularly in the sales of SUVs and premium cars, further propels the demand for smart glass. Regions such as Asia-Pacific and Europe are expected to lead in market growth, with China and Japan playing crucial roles in the automotive technology sector.

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Market Size of Automotive Smart Glass Industry

Automotive Smart Glass Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 2.75 Billion
Market Size (2029) USD 7.42 Billion
CAGR (2024 - 2029) 22.03 %
Fastest Growing Market Europe
Largest Market North America

Major Players

Automotive Smart Glass Market Major Players

*Disclaimer: Major Players sorted in no particular order

Automotive Smart Glass Market Analysis

The Automotive Smart Glass Market size is estimated at USD 2.75 billion in 2024, and is expected to reach USD 7.42 billion by 2029, growing at a CAGR of 22.03% during the forecast period (2024-2029).

  • The COVID-19 pandemic had a negative impact on the market as vehicle production declined, and the shutdown of manufacturing units resulted in a slowdown in the market. However, as restrictions were relieved and automobile production started gaining traction, the market was anticipated to have positive growth during the forecast period.
  • Innovations in automotive smart glass and rising applications of smart glass in premium and luxury vehicles are expected to drive demand in the market. Further, the growing participation of key automotive players like Tesla, Tata, Mercedes, BMW, etc., in the market through active launches and collaborations with automotive smart glass manufacturers is anticipated to further support the growth of the market during the forecast period.
  • Expansion of the automotive industry across the globe, along with increasing sales of sports utility vehicles (SUVs) and premium cars, is expected to drive sales of automotive smart glass. Mercedes-Benz uses smart glass technology for the "Magic Sky Control" roof on some of its vehicles, and McLaren offers it as an option in the McLaren 720S. Some car brands, including Jaguar and Land Rover, have recently released new car models with heated front windshields. A heated front windshield is ideal for Pennsylvania winters because it's able to defog and defrost faster than standard types.
  • Regions like Asia-Pacific and Europe are forecasted to be the fastest-growing automotive smart glass market. In Asia-Pacific, China is expected to continue to be the driver of the market, with Japan being the hub of technology in the automotive sector.

Automotive Smart Glass Industry Segmentation

Automotive smart glass uses a switchable film made from SPD, which is a tinted material for providing shade. In addition, the film blocks 99% of light while maintaining the transparency needed for the driver to safely operate the vehicle.

The automotive smart glass market has been segmented by technology, application, vehicle type, and geography. By technology, the market is segmented by electrochromic, polymer dispersed liquid device (PDLC), and suspended particle device (SPD). By application, the market is segmented by rear and side windows, sunroof glass, and front and rear windshields. By vehicle type, the market is segmented into passenger cars and commercial vehicles. By geography, the market is segmented by North America, Europe, Asia-Pacific, and Rest of the World. 

The report covers the market size and forecast in Value (USD) for all the above-mentioned segments.

By Technology Type
Electrochromic
Polymer Dispersed Liquid Device (PDLC)
Suspended Particle Device (SPD)
By Application Type
Rear and Side Windows
Sunroof Glass
Front and Rear Windshield
By Vehicle Type
Passenger Cars
Commercial Vehicles
By Geography
North America
United States
Canada
Rest of North America
Europe
Germany
United Kingdom
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Rest of the World
Brazil
South Africa
Other Countries
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Automotive Smart Glass Market Size Summary

The automotive smart glass market is poised for significant growth, driven by innovations and increasing applications in premium and luxury vehicles. The market, which experienced a downturn due to the COVID-19 pandemic and subsequent supply chain disruptions, is expected to recover and expand as vehicle production ramps up. Key automotive players such as Tesla, Tata, Mercedes, and BMW are actively participating in the market through launches and collaborations with smart glass manufacturers, further propelling market growth. The expansion of the automotive industry globally, coupled with rising sales of SUVs and premium cars, is anticipated to boost the demand for automotive smart glass. Regions like Asia-Pacific and Europe are expected to be the fastest-growing markets, with China and Japan leading in technological advancements.

The market is moderately consolidated, with major players like Saint Gobain, AGC Inc., and Nippon Sheet Glass Co. Ltd. holding significant shares. These companies are focusing on innovative technologies and strategic partnerships to capture the growing demand. The introduction of advanced features such as SPD-smart sunroofs and dynamic light-management systems is enhancing the driving experience and contributing to market expansion. Despite challenges like high costs and limited consumer awareness, the increasing demand for luxury cars and advanced convenience features is driving market growth. Collaborations, such as those between Microsoft and Volkswagen, highlight the integration of augmented reality in vehicles, showcasing the potential for smart glass technology in future mobility solutions.

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Automotive Smart Glass Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

      1. 1.1.1 Growing Demand for ADAS in Automobiles

    2. 1.2 Market Restraints

      1. 1.2.1 High Cost

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size in Value USD Million)

    1. 2.1 By Technology Type

      1. 2.1.1 Electrochromic

      2. 2.1.2 Polymer Dispersed Liquid Device (PDLC)

      3. 2.1.3 Suspended Particle Device (SPD)

    2. 2.2 By Application Type

      1. 2.2.1 Rear and Side Windows

      2. 2.2.2 Sunroof Glass

      3. 2.2.3 Front and Rear Windshield

    3. 2.3 By Vehicle Type

      1. 2.3.1 Passenger Cars

      2. 2.3.2 Commercial Vehicles

    4. 2.4 By Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Rest of North America

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 South Korea

        5. 2.4.3.5 Rest of Asia-Pacific

      4. 2.4.4 Rest of the World

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Other Countries

Automotive Smart Glass Market Size FAQs

The Automotive Smart Glass Market size is expected to reach USD 2.75 billion in 2024 and grow at a CAGR of 22.03% to reach USD 7.42 billion by 2029.

In 2024, the Automotive Smart Glass Market size is expected to reach USD 2.75 billion.

Automotive Smart Glass Market Report Snapshots

Automotive Smart Glass Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)